To the shareholders of Vestas Wind Systems A/S

Annual General Meeting 2023

On 12 April 2023 at 04:30 p.m., Vestas Wind Systems A/S will hold the Annual General Meeting at Hedeager 42, 8200 Aarhus N, Denmark.

Electronic communication - register your email address 
Convening notices for Vestas’ general meetings are sent by email. It is therefore important that shareholders sign up for Vestas' email service, if they want to receive convening notices for future general meetings. In the InvestorPortal, shareholders can subscribe to receive convening notices, annual reports, interim financial reports and other shareholder information by email.

 

 

Calendar 2023

28 February 2023
Deadline for the shareholders to submit a written request to the Board that a specific matter be included in the agenda for the AGM

10 March 2023
Disclosure of the notice convening the Annual General Meeting 

05 April 2023
The record date
Deadline for notifying Vestas about attendance
Deadline for voting by proxy 

11 April 2023
Deadline for voting by correspondence

12 April 2023
The Annual General Meeting

 

Questions and answers

If you have any questions before the Annual General Meeting, please send these to vestasagm@vestas.com. 

Information på dansk

Onsdag den 12. april 2023 kl. 16:30 afholder Vestas Wind Systems A/S ordinær generalforsamling på selskabets hovedkontor, Hedeager 42, 8200 Aarhus N.

Be an active shareholder

Request a specific matter to be included in the agenda

Deadline for the company’s shareholders to submit a written request to the Board that a specific matter be included in the agenda for the Annual General Meeting  is 28 February 2023.

Article 4(6)

“Any shareholder may in writing to the Board of Directors claim a specific matter included in the agenda for the Annual General Meeting. The claim must be submitted not later than six weeks before the date of the Annual General Meeting.”

Article 4(6) of the Articles of association

Record date

The record date:   5 April 2023  

Shareholders holding shares in the company on the record date are entitled to attend and vote at the Annual General Meeting, including voting by submitting a proxy or a correspondence vote. The shares held by each shareholder at the record date are calculated on the basis of registration of the shareholder’s ownership in the register of shareholders on the record date and notifications about ownership received by the company as of this date for entry into the register of shareholders, but which have not yet been registered in the register of shareholders. 

Furthermore, participation is conditional upon the shareholders having notified Vestas of their attendance. Shareholders wishing to exercise their rights are encouraged to contact their depository bank well in advance of the record date to ensure correct and sufficient registration

Notification of attendance 

Shareholders wishing to attend the Annual General Meeting must notify Vestas of their attendance. 

Deadline:  5 April 2023 at 11.59 p.m.

As of 10 March 2023, notification of attendance can be done via Vestas’ InvestorPortal (requires an electronic access code) or by returning the registration form, which can be downloaded from vestas.com/investor as from 10 March 2023. 

Shareholders using the registration form shall sign it and return it in due time to reach  Euronext Securities, Nicolai Eigtveds Gade 8, 1402 Copenhagen K, Denmark (email a scanned copy of the form to vp_vpinvestor@euronext.com)  no later than on 5 April 2023. 

Article 6(3)

“Any shareholder who is entitled to attend a General Meeting, ref. Article 6(2), and who wishes to attend a General Meeting or to be represented by proxy, must notify the Company of their attendance no later than three days before the date of the relevant General Meeting. Notification of participation shall not prevent the shareholder from deciding to be represented by proxy after notification has taken place.”

Article 6(3) of the Articles of association

Submission of proxy
 

Shareholders entitled to attend the Annual General Meeting may vote by proxy. Proxy can be given by shareholders who are not able to attend the meeting, or who wish to submit votes in advance. 

Deadline: 5 Apirl 2023 at 11.59 p.m.

As of 10 March 2023, the proxy can be submitted electronically via Vestas' InvestorPortal (requires an electronic access code) or in writing by using the proxy form.

Shareholders using the proxy form shall complete the form, sign it and return it in due time to reach Euronext Securities, Nicolai Eigtveds Gade 8, 1402 Copenhagen K, Denmark (email a scanned copy of the form to vp_vpinvestor@euronext.com) not later than on 5 April 2023.

Vote by correspondence
 

Shareholders entitled to attend the Annual General Meeting may vote by correspondence in advance of the meeting. Like granting proxy, a correspondence vote can be given by shareholders who are not able to attend the meeting, or who wish to submit votes in advance. In contrast to granting proxy with instructions, a correspondence vote cannot be revoked. 

Deadline: 11 April 2023 at 12.00 noon.

As of 10 March 2023, vote by correspondence can be submitted electronically via Vestas' InvestorPortal (requires an electronic access code) or in writing by using the vote by correspondence form, which can be downloaded from vestas.com/investor as from 10 March 2023.

Shareholders using the vote by correspondence form shall complete the form, sign it and return it in due time to reach Euronext Securities (email a scanned copy of the form to vp_vpinvestor@euronext.com) not later than on 11 April 2023 at 12:00 noon.

 

Article 6(4)

"...Voting rights may be exercised by proxy, provided that the proxy holder documents the right to attend the General Meeting, ref. article 6(3), and presents a written and dated proxy.

Shareholders entitled to attend a General Meeting, ref. article 6(2), may also vote by correspondence. Votes by correspondence must be made in writing and be received by the Company not later than on the day before the General Meeting."

Article 6(4) of the Articles of Association

Questions and answers

If you have any questions before the Annual General Meeting, please send these to vestasagm@vestas.com. Questions and answers will subsequently be shown here. 

Size of the share capital and shareholders’ voting rights

Size of the share capital
 

Share capital:- DKK 201,973,452
Nominal denomination: DKK 0.20
Number of shares: 1,009,867,260
Share classes: One share class
Voting rights: One share carries 20 votes

 

Shareholders' voting rights     

The right of a shareholder to attend a general meeting and to vote is determined relative to the shares held by the shareholder at the record date. The record date is one week before the general meeting.

The shares held by each shareholder at the record date are calculated on the basis of registration of the shareholder's ownership in the register of shareholders and notifications about ownership received by the company for entry, but which have not yet been registered in the register of shareholders.